Chart patterns insist me the above titled opinion.
Reasons
1. Muthoot finance has been travelling in a expanding triangle pattern from 2015.
2. Till now, its respecting the pattern by taking support and resistance at perfect levels.
3. Currently it is in downswing inside the pattern.
4. It may take take support at the Major support (GRENN LINE 800 LEVEL )...
remember last time price went to $19600 now it roaming at the price of $28k
we passed this signal to hold long from $20k now, again the situation is becoming tricky , you know what to do in these conditions
hold firmly for the support zone once the week candle ends
follow for more
here to help you not to disappoint.
!thanks
Chart pattern insist me the above titled opinion
Reasons
1. BEL is in formation of a Inverted Cup & Handle (Handle in progress)
2. Lower high and Lower low formed (confirming bearishness) .
3. Gap b/w 15th & 16th Day candle can act as Strong resistance.
4. Target & SL levels mentioned @ Chart.
5. BEL may take support @ Green trendline (Major Support...
It is evident that the current market trend is showing a consistent downward movement, forming a descending triangle pattern. Upon breaking the crucial support level of 26.5k, it is highly likely that the market will experience a further decline towards the levels of 25k or even 24.5k.
#BTCUSDT #short #futures #crypto
In 4 hr time frame the candle is closed below the resis lvl. If the candle close in daily TF below the resis lvl thn enter the short trade till the nxt price tag marked on Chart.
but before take the entry see the market sentiments cuz at that time i was not their to guide you, some research do yourself
Entry see shorter time frame to early enter 4hr 2hr 1 hr
SL...
BTC is moving as expected. Next target is 25100. Will close the short position there and then re-enter in short by watching the market conditions. Follow for more updates.
Chart pattern insist me to go with the opinion titled above
Reasons
1. Oberoi realty has been respecting the channel pattern.
2. Now, it has given BREAKDOWN on Weekly timeframe out of 2.5 year old Trendline support!! (Channel too breached)
3. Volume too seen supportive for the down move.
4. Day candle closing out of the blue trendline will make our exit...
Nifty
Last time when Nifty closed at 16988 I had suggested that Nifty can attempt for 17200 / 17400 odd levels
Nifty achieved it's 1st target but is struggling thereafter.
In my Expiry range for 23rd March, I had given 17207 as an important upper resistance and only a close above 17233 would have opened doors for 2nd target.
On the lower side 17065 was given...
Nifty
Did I know the SVB Bank collapse... Absolutely No!
But Technical Analysis gave us a warning signal well before the NEWS. I had shared the analysis well in advance...
More so I have also shared analysis on Banking stocks which were suggesting those were at resistance levels.
The results are in front of you. Nifty is now at the lower end of the...
Attached: Daily Chart as of 14th October 2022
- Triangle in (B) Wave has completed
- Triple Bearish RSI Divergence
- Flat to Down Tilt in 20 DSMA
Stop Loss above 1080
Target 🎯open to Lower Bollinger Band/ 1050📉
